Mohammed Bin Rashid Aerospace Hub (MBRAH) at Dubai South has announced that UUDS Aero, a key aircraft maintenance company, has expanded its presence within the hub, growing its footprint to over 180,000 sqm across multiple facilities since establishing its first operation at the aerospace platform in 2022.
UAE-based Europhon Acoustics said it has completed a large-scale acoustic installation at the Al Shera’a Headquarters of Dubai Electricity and Water Authority (Dewa), with nearly 5,000 sq m of its Melo Acoustic Plaster installed across the building’s lobbies, gym and office spaces.
Ras Al Khaimah is expected to add more than 25,000 residential units over the next four years, with apartments accounting for 97% of the planned supply, mainly driven by population growth, higher foreign investment and expanding business activity in the emirate, said an real estate industry expert.
Saudi Arabia’s cement sales volume in June increased by 8.9% year-on-year to 4.39 metric tonnes, reflecting a recovery from last month’s decline, according to a new report by Al Rajhi capital. Yamama continues to maintain dominant market share.
Project awards in the GCC region for the second quarter surged to $59.4 billion, up 30% over last year supported by higher contract activity in Saudi Arabia and Oman, although activity slowed sharply from Q1, according to a report.
The American Concrete Institute (ACI) has announced that ACI CODE-440.11-22: Building Code Requirements for Structural Concrete Reinforced with Glass Fiber-Reinforced Polymer (GFRP) Bars—Code and Commentary is now available through the ACI PLUS Platform.
Oman's Dhofar Municipality is moving ahead with the final phase of the Sahl Hamran housing project in Salalah, which includes construction of 240 residences, after years of delays. The move comes after the municipality took over the remaining works and retendered the project, said a report.
The Emirate of Ras Al Khaimah (RAK) has 25,600 new residential units in the pipeline between now and 2030, with apartments accounting for 97% of future supply, according to new insight from leading real estate advisory group Cavendish Maxwell.
Alternative Energy Projects Company (AEP), a Kuwait-based renewable energy developer, has announced plans to raise capital to fund the expansion of its solar energy business across Kuwait and Mena region. It has appointed Kamco Invest, in collaboration with Burgan Bank, to lead the transaction.
Solidcore Resources, a leading gold producer in Kazakhstan, has announced that it has entered into an agreement with Minerals Development Oman (MDO) to establish a joint venture to explore and develop the Khabiyat copper-gold project in the sultanate.
